LTCUSD: bear case. has the 3rd 'crypto winter' begun?

Lot of people bullish on cryptos - and LTC - in particular. My base case bearish scenario outlined here. Much lower prices to come which will be an excellent long entry point. We patiently wait for these prices to layer in our long position.

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Tracking thesis nicely. Ugly looking chart.

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Nailed it. Should be coming into a bottom in the next month or two.